Sekisui House (OTCMKTS:SKHSY) Announces Earnings Results

Sekisui House (OTCMKTS:SKHSY) announced its earnings results on Thursday. The construction company reported $0.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by ($0.08), reports. Sekisui House had a net margin of 4.85% and a return on equity of 10.08%. The company had revenue of $8.03 billion for the quarter, compared to the consensus estimate of $8.51 billion.

Sekisui House Stock Down 1.1%

Shares of OTCMKTS SKHSY traded down $0.25 during mid-day trading on Friday, reaching $22.31. 9,007 shares of the company were exchanged, compared to its average volume of 103,521. Sekisui House has a 1 year low of $20.20 and a 1 year high of $25.61. The firm has a 50-day moving average of $23.24 and a 200 day moving average of $22.59. The stock has a market cap of $14.46 billion, a price-to-earnings ratio of 10.78 and a beta of 0.42. The company has a quick ratio of 2.55, a current ratio of 2.55 and a debt-to-equity ratio of 0.62.

About Sekisui House

Sekisui House, Ltd. is a leading Japanese homebuilder founded in 1960 and headquartered in Osaka, Japan. The company specializes in the design, construction, and sale of residential properties, positioning itself at the forefront of the nation’s housing industry. Since its inception, Sekisui House has emphasized quality craftsmanship, innovative building methods, and sustainable design, building a reputation for reliable and long-lasting homes.

The company’s core business activities encompass the development of single-family homes, condominiums and rental housing, along with community and urban redevelopment projects.